IPOR Derivatives

Description sourced from DeFiLlama's protocol metadata; teams submit their own copy when listing.

DeFiLlama publishes the exact rules used to aggregate on-chain balances into the headline TVL figure shown on this page. The methodology below is the team's own source-of-truth description.

Counts the tokens locked in the AMM contracts to be used as collateral to Interest Rate Swaps derivatives, counts tokens provided as a liquidity to Liquidity Pool, counts interest gathered via Asset Manager in external protocols.

If a contract or vault isn't in this list, its balance does not contribute to the TVL displayed on Mantapex or DeFiLlama.

IPOR Derivatives is published as a versioned release inside the Ipor Protocol protocol family. Releases inside the same family typically share governance, brand, and large parts of the audit history, but each version can run materially different contract logic — a release labelled v2 or v3 is not just a UI refresh. Newer versions inside a family typically launch with their own audit cycle and parameter set, so do not assume the previous release's safety record carries over without checking the linked audit reports.

Fork lineage and parent-protocol relationships are tracked by DeFiLlama for security and audit-history attribution; a fork inherits the upstream design but not necessarily the upstream audits or governance.

IPOR Derivatives ist eine versionierte Variante einer größeren Protokollfamilie. Öffne das übergeordnete Protokoll für den kombinierten TVL und alle Geschwister-Versionen.

Wichtige Ereignisse, die von der DeFiLlama-Community markiert wurden — Protokoll-Launches, Exploits, Governance-Änderungen und Anreizprogramme.

1. Oct 4, 2022
   Auf DeFiLlama gelistet
2. Dec 18, 2023
   IPOR's stETH Stake Rate Swap Launch
3. May 8, 2023
   IPOR Protocol v2 Launch
4. Mar 11, 2023
   USDC Depeg DeFi Contagion
5. Jan 25, 2023
   Liquidity Mining Start
6. Aug 16, 2022
   IPOR Protocol v1 Launch

IPOR Derivatives is a Derivatives protocol where traders open leveraged, perpetual, or option positions priced off oracle feeds and settled in collateral held by the contract. It is deployed across 3 chains, including Ethereum, Arbitrum, Base. The codebase has been independently audited (1 report on file). DeFiLlama tracks 5 historical events for this protocol since 2022.

IPOR Derivatives operates on 3 networks (Ethereum, Arbitrum, Base), keeping its surface area narrower than chain-agnostic peers. Roughly 100% of its on-chain value sits on just three networks (Ethereum, Arbitrum, Base), so a fault on any one of them would affect a large slice of users. Only one audit report is currently listed; users should weigh that against the protocol's TVL before depositing significant amounts.

Verified external resources for IPOR Derivatives — use these to read the source code, follow governance discussions, or cross-check on-chain data against the original team's channels.

IPOR Derivatives is one of 7 Derivatives protocols Mantapex tracks in this category. Direct peers ranked by total value locked include Jupiter Perpetual Exchange, Hyperliquid HLP, Drift Trade, and 3 more. These peer protocols collectively secure 2,3 Mrd. $ in deposits, giving you a frame of reference for whether IPOR Derivatives's own TVL is at the top, middle, or tail of the category.

Jupiter Perpetual Exchange

TVL 910,6 Mio. $ · 24h -0.27%

Hyperliquid HLP

TVL 431,7 Mio. $ · 24h +0.11%

Drift Trade

TVL 334,4 Mio. $ · 24h +0.22%

GMX V2 Perps

TVL 267,5 Mio. $ · 24h -0.08%

Extended

TVL 196,4 Mio. $ · 24h +0.06%

dYdX V4

TVL 125,3 Mio. $ · 24h +0.58%